30 days – 1.75% + MORE Jul 27th

The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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Report: UK business group boss suspended for anti-EU stance Mar 5th

LONDON – The Financial Times newspaper says the head of the British Chambers of Commerce has been suspended after saying the U.K. should leave the European Union. Director-general John Longworth told the organization’s convention this week that Britain faced a choice between “the d.... More »

How to cope with the RRSP-to-RRIF deadline in your early 70s + MORE Mar 21st

As I wrote in my previous column on Fred Vettese’s PERC, I’ve reached the age when my registered retirement savings plan (RRSP) will soon have to be converted to a registered retirement income fund (RRIF) and/or annuitized. I turn 71 in early April, which means I have until the end of December 2.... More »

Making Sense of the Markets this week: June 26 + MORE Jun 24th

It was the week of April 3, 2022, when I signed off from writing the “Making sense of the markets” column. It is wonderful to be back filling in for Kyle Prevost (he’s on vacation), who took over the column. Kyle’s insights and writing give the column a nice jolt. I am so glad to see it in g.... More »
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90 days - 1.75% + MORE Dec 22nd

This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online..... More »
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BMO’s first quarter profit climbs 7 per cent to $1.07 billion + MORE Feb 23rd

TORONTO – The Bank of Montreal saw its first-quarter profit rise seven per cent to $1.07 billion as it grew revenue in its personal and commercial banking segments on both sides of the border. That’s compared to net income of $1 billion during the same quarter last year. The earnings amounte.... More »

5.5 year – 2.60%

– ratesupermarket.ca

This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online.

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30 days – 1.75%

– ratesupermarket.ca

This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.

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90 days – 1.75%

– ratesupermarket.ca

This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.

Continue Reading On ratesupermarket.ca »

A short time ago, I shared some things a new investor might want to know or be mindful of as they start their financial freedom journey.  On that note, I believe some investing advice never goes go out of style, there are some investing truths to behold.
Here are my investing truths you can take to the bank:

All investing is subject to risk – even the safest investments have some risk.
Past performance is not a predictor of any future result.
In a diversified portfolio gains from some investments will help offset losses from others.
No matter how good you think you are as an investor, you cannot control your portfolio’s returns.
In order of long-term returns, cash has appreciated less than bonds and bonds have appreciated less than stocks.
The stock market is very unpredictable in the short-term but rather predictable in the long-term.
Every investor should focus on limiting mistakes because there is no perfect portfolio.
Somebody will always outperform you – accept it.

Do you have any investing truths to share?
Thanks for reading…

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60 days – 1.75%

– ratesupermarket.ca

This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.

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